This Retail Property is no longer advertised on LoopNet.com.

614 W Raab Rd
Normal, IL 61761
Steak n Shake | Corp Abs NNN | DriveThru · Retail Property For Sale

Investment Highlights

  • Corporate Guaranteed Lease | Options To Extend | Below Market Rent | Long-Term Redevelopment | Historical Occupancy
  • Just Off Interstate 55 | On/Off Ramp Access | Drive-Thru Equipped Building | Proposed New Expanded Bus Stop Location
  • Healthy Demographics In Dense 5-Mile Trade Area
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Close Proximity to Two College Campuses (23,000+ Students) | Direct Consumer Base | Nearby National/Credit Tenants

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
3,490 SF
Building Class
B
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.98 AC
Zoning
B-1 - General Business District
Parking
61 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
216’ on W Raab Rd

Amenities

  • Freeway Visibility
  • Restaurant
  • Signage
  • Drive Thru

Property Taxes

Property Taxes

Parcel Number
14-16-351-011
Land Assessment
$83,367
Improvements Assessment
$207,666
Total Assessment
$291,033
  • Listing ID: 19427314

  • Date on Market: 5/4/2020

  • Last Updated:

  • Address: 614 W Raab Rd, Normal, IL 61761

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